Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOP) Short Interest Up 32.5% in March

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOPGet Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 1,226 shares, a growth of 32.5% from the March 15th total of 925 shares. Based on an average trading volume of 808 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.8% of the company’s stock are sold short.

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF Price Performance

Shares of NYSEARCA:BTOP remained flat at $30.15 on Thursday. The stock had a trading volume of 125 shares, compared to its average volume of 1,361. Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF has a twelve month low of $23.40 and a twelve month high of $41.41. The business has a 50-day moving average of $28.62 and a 200 day moving average of $30.24. The firm has a market capitalization of $4.52 million, a price-to-earnings ratio of -603.00 and a beta of 2.36.

Hedge Funds Weigh In On Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

A hedge fund recently bought a new stake in Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC purchased a new stake in Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOPFree Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 29,293 shares of the company’s stock, valued at approximately $754,000. Jane Street Group LLC owned about 23.43% of Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

(Get Free Report)

The Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. BTOP was launched on Sep 29, 2023 and is issued by Bitwise.

Further Reading

Receive News & Ratings for Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.